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Morning Note and Swap Opportunities | Oct 7, 2022
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Morning Note and Swap Opportunities | Oct 7, 2022

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Yield Hunting
Oct 07, 2022
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Morning Note and Swap Opportunities | Oct 7, 2022
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Good Morning!

Futures are lower as the market digests the September jobs report that showed 288K new jobs created.  That is down small compared to the +315K in August.  Stocks would have rallied with a sub-200K or sub-150K but above 300K, would have been sold off.  At +288K, we were close to the selloff enough that the 'good' news is now bad news.

Termina…

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